orga
I have quite a few stocks that have fallen by similar amounts to ERH...generally those that had strong runs before the market decided to succumb to irrational behaviour.
For example, EFE which from IPO blew out to around 60c or so is all the way back to sub IPO price.
Many stocks I have bought recently have also dropped by large amounts, which is the reason i have been buying them, pretty much as cash backing levels with great exploration ground.
An old favourite of mine (though not a holder), IGR has also fallen from the heady heights of 70c+, and it has had nothing but good news on the gold exploration front.
CSE another example.
RCO which has a $5M per annum gold royalty (for at least the next 7 years) it has started to receive has fallen from the $1 level highs to a ridiculous market cap of around $15M...and it has $8m cash in the bank!!!
I could problem name another 20 or so juniors that are in the same boat that I know about, ie good stories, ridiculously sold down.
Diamonex for example...has started diamond production which will net around $10M a year for the next 10 years...its down to sub 20c levels.
WPG, probably one of the biggests jokes, has fallen from a high of around $1.80 despite fantastic iron ore projects that will commence production in 2009.
etc etc
Point is, ERH is not the only one that has been unfairly treated, though in my view probably overdone and unjustified drop of the lot of them.
Cdchi1
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